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20121207
20121207
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CNN
Dec 7, 2012 1:00pm PST
. >>> now to the numbers that at first glance look like they're very good news for the u.s. economy and the obama administration, the nation's jobless rate fell to 7.7% in november as employers added 146,000 new jobs. the jobless rate hasn't been this low during the entire obama administration, but that's only part of the story. a closer look also shows a big reason behind today's drop in the unemployment rate is that 350,000 people dropped out of the work force in november. they're discouraged, many of them are, that they simply quit and they're trying to find work. christine romans joins us from new york. we saw the unexpected drop in the unemployment rate, but christine, take us a little behind the numbers that make up the headlines. >> 7.7% is that unemployment rate, the lowest since december, 2008, from before the president took office. 146,000 jobs created, twice what economists have been expecting. they really didn't see the pull back because of hiring being depressed because of hurricane sandy. maybe you'll see some of that in the next month, but this was a strong report on
MSNBC
Dec 7, 2012 11:00am PST
expectations. the u.s. economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slow walk our economy to the edge of the fiscal cliff. how do you respond it to that? >> well, that's just utterly preposterous. the republicans right now in the house of representatives have a bill that would extend the middle class tax cuts right away that has passed the senate that they could take up next week when we come back. they could have already taken it up. we have a lot of time, and the republicans refuse to give certainty to the middle class. the president said he'd seen this bill right away, and then the rest of the issues we need to sort out we can hash out over the next few weeks before we reach december 31st. >> issues like entitlement reform? >> well, issues like making sure we can pass a balanced approach to defi
FOX News
Dec 7, 2012 3:00am PST
tank and in the u.s. senate he is one of hundred voices and over there he will be taking over the guy. >> gretchen: money is number one. $174,000 as a senator and may not be the insentative and make over a million bucks and he said it was an honor to be asked. if could be frustration, too. look, he believed that could you wantry is facing a spending problem, okay. that's what he believes is the problem . maybe he's frustrated with the fact that the only message that the american people are hearing is that it is a tax increase problem. >> steve: indeed, who would take his place. the governor down there nicky haley will appoint somebody. successor could be one of two tea party congressman part of the 20 10. tim scott or mike mullbanny and a wild card is mark stanford former governor could take that job if offered and it will be interesting. >> brian: interesting come back. >> steve: that will be a wild card. >> brian: congressman tim scott is an upand coming star . jimdemint's personal pick. >> steve: jay carny. the fiscal cliff thing. the average person really has no idea what that sta
Search Results 0 to 2 of about 3